1 COALBED METHANE
2
Unsurpassed Investment Opportunities
3 World Energy Consumption, 1990-2040 (Quadrillion Btu)
4 Estimated China Methane Resources
5 Estimated China CBM Growth
Source: Bematein Estimates
6 China’s Gas Consumption Outpaces Production
7 Coalbed Methane Fields, Lower 48 States
8 USA Dry Natural Gas Production (Trillion Cubic Feet)
9 USA Undiscovered Technically Recoverable Gas Resources
10 Australia Energy Resources
11 Growth in Eastern Australia Coal Seam Gas Reserves
12 Australia Planned CBM to LNG Projects
13 Global Coalbed Methane Resources
14
OUR EXPERTISE IS CBM
15 Powder River Basin Wyoming, USA
Well depth: 84 m to 340 m Production: 2.55 Million m3/day
16 Surat-Bowen Basin, Australia
Well Depth: 2100-2200 m Peak rate of shale gas from a single well achieved to 170,000 m3/day 32 overbalanced and underbalanced onshore wells drilled
17 Anina, Romania
The longest running Coal Mine In Romania (17902006) Well Depth: Up to 1,200 M
18
OUR EXPERTISE IS SHALE GAS
19 When our COB, Mr. Cunningham represented Tatonka
20
21 Our Shale Basin Experience USA
CHINA
AUSTRALIA
Bakken Marcellus Eagle Ford Barnett Piceance Woodford Powder River Permian Cline DJ Basin Pinedale Anticline
Ordos Junggar Shaoyang Songliao Sichuan Xiangxinan Xiangzhong South Huabei Qinshui Tuha Tarim
Surat Perth Georgina Cooper-Eromanga Galilee Caning River Clarence Morton Galilee Bowen
S. AFRICA
INDONESIA
Main Karoo Springbok Flats Ellisras Tuli
Kalimantan Sumatra
22 Marcellus Shale
23 Eagleford Shale
24 Cline Shale
25 Bakken Shale
26 We begin with a Geological and Geophysical Analysis
27 Then, the work involves data acquisition, processing/data, loading seismic interpretation 2D and 3D, mapping, logs interpretation, and lithological description.
28 根据储层特征，对症下药，优化完井方案 治疗
诊断 对症下药
分析储层
实施工程作业 根据储层特征 优化完井方案
29 根据地质特征优化井网密度 诊断
治疗
实施工程作业 分析储层
30 制定严格的排采制度，保证采收率最高 . 压力、泵速、液面，必须精心计算，严格控制到最佳状态，避免出粉、裂缝闭合 等现象。合理规划排采速度，使排采面积和气相对渗透率最大。
治疗
诊断
实施工程作业 分析储层
31
32 The gas and water are pumped
33
OUR STRENGTH IS OUR INNOVATION
34 First successful nitrogen drilled well
35 Liquid Nitrogen Tanks
36 First ever underbalanced horizontal CTD Successful T-3 well
37 First Coil Tubing Drilling in Australia
38 Innovative Drilling with a Snubbing Unit. Another First
39 煤层
含气砂岩 煤层
薄煤层
煤层
煤层
单煤层井
多煤层井
套管多煤层井 •允许薄煤层生产 . •干净无故障井 •水可以有效地从煤层底部 泵入 •正确适当的胶结和射孔对 于多煤层井来说是非常关 键的 •标准的油田技术是不适合 的 •对煤储层的保护是非常重 要的
40 煤层
含气砂岩
短尺分支，并使用高 压注水可以帮助解决 近井损害
在低渗透率的地方， 需要分支井
达到 3 米 长达 1000 米 短尺水分支井 分支井
Higgins Loop™ 离子交换系统 反洗
循环配置 D
A
柱状树脂循环 泵送
B
树脂
吸附
循环阀把系统分成 4 个腔体
吸附 – 例子附着到树脂上 再生 – 离子脱离树脂 反洗 – 碎屑和固体移除 泵送 – 控制树脂流通过阀门
C
逆流
液体
蝶状循环阀
再生
树脂间歇性的顺时针移动 进水和再生水 - 逆时针
41
42 Cased Wells: Enable more efficient production Avoids poor placement of topset casting Ebnables multiseam wells Interseam caving shales avoided Less rig time needed to complete well Limits fines production and pump damage
43 Multiseam Wells: Less than half the wells & infrastructure needed
per pad
Thin coal seams can be targeted in groups Slower to peak rate, but greater recovery at
economic limit
Nitrogen Drilling Coil Tubing Drilling
44 Our Best Practices Multiseam wells Cased wells enable more efficient production Water pumped from below seams State-of-the-art production automation Integrated, flexible water management plan ”Smart” Drilling and Production
45
Our Executive Team
46 Mr. Brett Cunningham Chairman of the Board Mr. Cunningham’s career in the oil and gas industry spans 24 years and includes management, negotiations, operations, investor relations, and business analysis. He has practical knowledge of developing and growing companies and has developed specialized financing concepts for large projects. Mr. Cunningham has served in executive and management positions with Shell Oil, IBM Corporation, Scholastic Inc., DaqingDenver, Inc. (a subsidiary of DPAB/China National Petroleum Corporation), Tatonka Oil and Gas, Inc., Advanced Well Control Systems, Inc., and other micro/mid-cap oil and gas companies. Mr. Cunningham holds dual undergraduate degrees in Computer Science and Psychology from the Colorado College / University of Denver, a MBA, University of Denver Daniels College of Business, and is a MIB Candidate at the Shaanxi Normal University.
47 Dr. Xingjin Wang Vice Chairman, and Managing Director Dr. Wang holds a PhD degree from University of New South Wales in Petroleum Engineering. With 22 years international experience in petroleum exploration and production applications, he specializes in reservoir simulation, well test analysis, production performance analysis, well completion optimization, fracturing desing and reservoir characterization. Prior to joining Austar Gas he was General Manager (Engineering) of Arrow Energy. Dr. Wang has extensive tight sand gas, Shale Gas and CBM experience in the major basins of Australia, Russia, China, Indonesia, India and Vietnam. Dr. Wang is Honorary Professor at the China University of Geoscience, PhD supervisor at the University of New South Wales. He has been a facilitator for the SPE CBM short course. As experienced reservoir engineer, he has worked for RISC, Mosaic Oil, Sinopec and Arrow Energy. He has expertise in using FAST Well test, FAST CBM, Simedwin, and FEKET Production analysis.
48 Dr. Romero Flores Chief Scientist Dr. Flores is a scientist with AECOM Technical Services Inc. and an Expert member of Science Advisory Board for Next Fuel Inc., Mitchell (Beijing) Energy Technology Services Ltd Co. (China), Anadarko Petroleum Corporation (Denver, Colorado), Chongqing Energy Group (China), Shanxi Lanyan Coalbed Methane Group Co., Ltd (China), and Ephindo Energy (Indonesia). Dr. Flores has provided Technical Assistance projects on coal and CBM projects in Belgium, Brazil, Colombia, Chile, China, Indonesia, New Zealand, Philippines, and South Africa, and was a Research Scientist in the United States Geological Survey (USGS) in 19752010. Dr. Flores has published over 500 papers and abstracts, and received the U.S. Department of Interior Meritorious Service Award and Distinguished Service Award, Geological Society of America Gilbert Cady Award, and University of the Philippines Distinguished Alumni Award.
49 Mr. Leon Hennessy Drilling Director With a career spanning over 15 years in the Drilling Industry Mr. Hennessy has pushed the forefront of implementing developments to Shale, Coal Bed Methane and Coal Mine Methane drilling technologies and methodologies. In the last four years Mr. Hennessy has focused on Russia & China as Vice President of China, Russia & Mongolia for the mid size private company Mitchell Group. Successfully establishing contracts with the likes Gazprom, Evraz, Sinopec & CUCBM and realizing the establishment of operations and country first milestones in Russia with Surface to Inseam drilling and under reaming completion.
50 Dr. Tim Moore Chief Explorationist Dr. Moore is currently the Director of Cipher Coal Consulting Ltd. specialising in advising on coal and coalbed methane exploration. He is also Adjunct Associated Professor at the Department of Geological Sciences, University of Canterbury, New Zealand where he has been teaching coal and petroleum courses since 1998. Most recently, Dr. Moore was on the Executive team of Arrow Energy Ltd in Australia (from 2007 to 2010). His last role with Arrow was as Country Manager for Indonesia where he oversaw the awarding of two CBM Production Sharing Contracts (PSC) as well as the first wells drilled in Indonesia for Coalbed Methane (CBM). Tim’s first role in Arrow Energy was as Vice President for Technical Services, advising, designing and implementing exploration and development programs in Vietnam, China and the beginnings of the work in Indonesia.
51 Mr. Garry Ward Technical Director Mr. Ward’s career spans 27 years in the petroleum industry, with a focus on the evaluation of oil and gas properties throughout the United States, and includes eight years in China managing the CBM assets of Far East Energy, including negotiations of the gas sales and production management contract of up to 60 wells in Shanxi Province with the Shanxi Provincial Pipeline Company. In the USA, Mr. Ward has screened over $15 billion in oil and gas properties when he was in charge of all technical evaluations and gas marketing for Floyd Oil Company, and completed 36 transactions which included the successful purchase of over USD 200 million in oil and gas properties. Mr. Ward has worked in nearly every producing basin within the United States and has developed a skill set for evaluating underperforming assets with the goal of applying new or different techniques to improve field performance. Mr. Ward has a M.S. Petroleum Engineering from the University of Houston and a B.S. Petroleum Engineering from the Universtity of Missouri-Rolla.
52 Mr. Keith Reeves Managing Director, Geology and Exploration Mr. Reeves has more than 27 years of experience in the oil and gas industry. Mr. Reeves is an expert in the areas of exploration, development and production geology in Burma, Indonesia, Australia, New Zealand, China, Ghana, South Africa, Botswana, Mexico, and the USA. Mr. Reeves has held positions of Eploration Manager, Chief Geoscientist, Vice-President of Exploration and Geological Manager for companies such as Windsor Energy Resources, Tatonka Oil and Gas Company, Zulu Energy and J.M. Huber Corp. and Pinnacle Gas Resources Inc., and has contributed four articles. Mr. Reeves holds a M.S. Geology from Sul Ross State University and a B.S. Geology from the University of Arkansas.
53 Mr. Paul Stroud Managing Director, Operations Mr. Stroud has more than 30 years of world-wide experience in the energy industry. and has an extensive background in onshore and offshore oil and gas operations, CBM wells, hot-water wells and high-pressure steam wells. Mr. Stroud graduated from Sacramento State College and began his career as an engineer for Shell in 1971. After a period at UNOCAL Geothermal he established a consulting business, heading up projects for OESI in Hawaii, and Caithness Corporation in Indonesia. Mr. Stroud became Project Manager for JM Huber Corporation, for Gillette, and for Pinnacle Gas Resources, Inc., an active CBM company located in Sheridan, Wyoming.
54 Our Techincal Team 3 reservoir engineers 3 geophysicists 5 geologists 7 Drilling Engineers 4 Fracture Engineers 2 Well test Engineers 3 Production Engineers 7 programmers
All consultants with Master’s degree or higher
55 Our Administrative Team Ms. Alexis Albright Vice President, Administration Ms. Albright has a strong background in Corporate Compliance and Administration, as well as experience in shareholder affairs and investor relations. Spicer Jefferies, LLP Outsourced Certified Public Accountant with 40+ years Oil and Gas Industry experience. Michael Newbury Independent Financial Consultant with 20+ years of management experience - Tax Accountant with international (Big Four) and local certified public accounting firms, general tax compliance, consulting, and auditing with an emphasis in energy and real estate.
56 Our Legal Team Covington & Burling Beijing 2301 Tower C Yintai Centre 2 Jianguomenwai Avenue Chaoyang District Beijing 100022 Tel: 86.10.5910.0591 Fax: 86.10.5910.0599 Shanghai 2701 Two ifc, Shanghai ifcNo. 8 Century AvenuePudong New District Shanghai 200120 Tel: 86.21.6036.2500 Fax: 86.21.6036.2799
57 Contact
Unit 1020, 10/F Ocean Centre, Harbour City, 5 Canton Road, TST, Kowloon, Hong Kong Office: +1 720 936 8256 Direct: +1 415574-0344
58 We have completed 68 projects in the last 5 years and have a presence in Belarus Algeria Libya China Canada USA Australia
59 Some of Our Customers JM Huber
Apache Energy
Pinnacle Energy
Double Eagle
Pioneer Resources
TrueStar Petroleum
Ultra Petroleum
Tatonka Oil and Gas
Far East Energy Corp Three Booter Energy Eagle Oil and Gas
Zulu Energy
Chesapeak Energy
PACE
Devon Energy
Husky Energy
Baker Energy
60 Our Legal Team Covington & Burling Beijing 2301 Tower C Yintai Centre 2 Jianguomenwai Avenue Chaoyang District Beijing 100022 Tel: 86.10.5910.0591 Fax: 86.10.5910.0599
Shanghai 2701 Two ifc, Shanghai ifc No. 8 Century Avenue Pudong New District Shanghai 200120 Tel: 86.21.6036.2500 Fax: 86.21.6036.2799
61
Thank You For Your Attention